MMC: Government move won’t affect rail project much


  • Business
  • Saturday, 27 Sep 2008

KUALA LUMPUR: The Government’s proposal to reduce the electrification cost of the RM12.48bil Ipoh-Padang Besar railway double-tracking project might knock “a few hundred million ringgit” off the worth of the contract, but the impact would not be significant, said MMC Corp Bhd, which was awarded the contract together with Gamuda Bhd.

However, no decision has been made and the company is still in discussions with the Government on the proposal, said MMC chief executive officer Hasni Harun.

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